The Troy Foundation
The Troy Foundation is a public charity based in Troy, Ohio, formed in 1924. It connects donors with charitable causes and provides grants for community needs, including arts and culture, education, health and human services, youth development, environmental protection, beautification, and emergency assistance for nonprofits.
The Troy Foundation at a glance
In short: The Troy Foundation gave $9.1M across 141 grants in 2024 (avg $65K), mostly in Ohio. 26% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $9,146,124
- +14.2% vs 2023
- Grants made (2024)
- 141
- -13.5% vs 2023
- Average grant
- $64,866
- +32.0% vs 2023
- Median grant
- $22,806
- Total assets
- $159,134,246
- +12.7% vs 2023
- New grantees (estimate)
- 26% first-time grantees (36 of 141, 2024)
- Primary geography
- Ohio (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Troy Foundation
- How to Apply
-
For the Tipp City Foundation Grant, organizations are encouraged to call or write the Distribution Committee Chair to discuss eligibility and the application process. The Village of Anna Endowment Fund listing directs applicants to the foundation’s website for more information.
- Contact
Mailing address: 216 W Franklin Street, Troy, OH 45373
Phone: (937) 339-8935
Website: https://thetroyfoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
12 open opportunities from The Troy Foundation
Apple Grants
The Troy Foundation
Amount
Up to US $1,000
Deadline
Deadline not published
Covington Education Foundation Grant
The Troy Foundation
Amount
Varies
Deadline
Deadline not published
Greater Versailles Area Foundation Fund Grant
The Troy Foundation
Amount
Varies
Deadline
Deadline not published
Who The Troy Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Motz Group ($2.4M). Together the top 10 received $5.1M.
Grant Size Distribution
1,524 grants across all recorded years
The most common grant size was under $50K: 1,375 grants of 1,524 (90%).
Geographic Focus
Where this funder awards grants
In 2024, 90% of grant dollars went to recipients in Ohio, 7% to Illinois, and 2% to Texas; Florida and California each accounted for a rounded 0%. The foundation’s named community programs include support for Tipp City, Monroe Township, and Bethel Township, as well as the Village of Anna.
Grant Distribution by State
Share of 2024 grant dollars across all 141 itemized grants.
States
Cities
Is The Troy Foundation open to new grantees?
26%
first-time grantees, 2024
In 2024, 36 of 141 grantees (26%) were first-time recipients. First grants averaged $122K; repeat grants $45K. How we count
Medians: $14K first-time, $25K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.6M (2021) to $9.1M (2024). In 2024 it made 141 grants totaling $9.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Motz Group Cincinnati, OH | Recreational | $2,438,051 |
| The Ohio State University Foundatio Chicago, IL | Health & Human Servi | $600,250 |
| Troy Historic Preservation Alliance Troy, OH | Community and Econom | $492,912 |
| Village of Minster Minster, OH | Community Improvemen | $318,838 |
| Uvmc Foundation Troy, OH | Health & Human Servi | $318,354 |
| Lincoln Community Center Troy, OH | Education | $234,980 |
| Brukner Nature Center Troy, OH | Education | $185,279 |
| Waco Historical Society Troy, OH | Education | $181,367 |
| Musco Sports Lighting LLC Dallas, TX | Community Improvemen | $180,975 |
| First United Church of Christ Troy, OH | Religious/Spiritual | $162,753 |
Ready to take the next step with The Troy Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $159,134,246 | $13,454,469 | $11,383,097 | $9,146,124 | 141 | $4,951,672 |
| 2023 | $141,156,124 | $11,964,419 | $10,295,980 | $8,010,178 | 163 | $3,828,540 |
| 2022 | $123,423,524 | $11,701,989 | $8,604,327 | $6,020,740 | 247 | $5,826,134 |
| 2021 | $148,750,693 | $14,638,954 | $8,080,994 | $5,588,896 | 183 | $4,741,833 |
| 2020 | $125,171,217 | $15,775,985 | $7,954,357 | $6,013,825 | 790 | $2,589,048 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation states its mission is “to improve the quality of life for our community by connecting donors to meaningful causes for a better tomorrow.” Its stated grant areas include arts and culture, education, health and human services, social studies, youth development, beautification, wildlife and environmental protection, and emergency grants to assist nonprofits.
Examples of organizations it supported in 2024 illustrate the range of its giving. UVMC Foundation describes its mission as raising community support for programs and services that enhance the patient and family experience at Upper Valley Medical Center and help build healthy communities. Lincoln Community Center says it provides educational, social, cultural, and recreational activities for Troy-area residents. Brukner Nature Center describes its work as promoting wildlife conservation through preservation, education, and rehabilitation. WACO Historical Society says it preserves the aviation history of the Weaver Aircraft Company. Other 2024 recipients included Health Partners Free Clinic, which serves uninsured and underserved people in Miami County, and First Place Food Pantry, which provides food and personal-care items to low-income households in Troy and Casstown.
Grantmaking
In 2024, the foundation reported 141 grants totaling $9,146,124. Grants ranged from $5,310 to $2,438,051, with a median grant of $22,806. The largest listed award was $2,438,051 to The Motz Group in Cincinnati, Ohio, for recreational purposes. Other large awards included $600,250 to The Ohio State University Foundation, $492,912 to Troy Historic Preservation Alliance, $318,838 to the Village of Minster, and $318,354 to UVMC Foundation.
The foundation also operates programs for specific communities and purposes. The Tipp City Foundation Grant supports initiatives benefiting Tipp City, Monroe Township, and Bethel Township. Its guidelines describe grants for unique projects that address unmet needs or special efforts by established nonprofits; they invite eligible 501(c)(3) organizations to contact the Distribution Committee Chair for help determining eligibility and clarifying the process and deadlines. The Village of Anna Endowment Fund supports public charitable purposes benefiting Village of Anna residents, including new projects, special purposes for established organizations, and matching funds; awards depend on available funds. The Tippecanoe Educational Endowment Fund supports enrichment programs in Tipp City Schools, with annual awards of up to $2,500 to classrooms, teachers, and employees.
The foundation requires grantees to submit a narrative 90 days after receiving grant funding. The report covers use of the grant and evaluates the intended outcomes and goals presented by the grantee. Site visits may be conducted, and additional reporting may be requested.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing include Melissa Kleptz, President; Joe Dickerson, Chair; Tom Giere, Vice Chair; and Susan Behm, Brent Black, Colleen Gilardi, Kathy Kerber, Tom Kleptz, Doug Lins, and Maurice Sadler.
The Troy Foundation is led by Melissa Kleptz, President since 2024 (on filings since 2020); 1 of 11 officers listed in 2024 is compensated.
Officers on the 2024 filing
Melissa Kleptz
President
Executive Director → President & CEO, 2023
President & CEO → President, 2024
On filings since 2020
39.9 hrs/week
$111K (2020) → $150K (2024)
Joe Dickerson
Chair
Gov Board → Vice Chair, 2021
Vice Chair → Chair, 2022
On filings since 2020
1 hr/week
No compensation reported
Tom Klepz
Gov Board & Trustee
Gov Board & Trustees Committee → Gov Board & Trustee, 2024
On filings since 2023
1 hr/week
No compensation reported
Brent Black
Governing Bo
Chair → Gov Board, 2022
Gov Board → Governing Bo, 2024
On filings since 2020
1 hr/week
No compensation reported
Kathy Kerber
Governing Bo
Gov Board & Distribution Committee → Gov Board, 2023
Gov Board → Governing Bo, 2024
On filings since 2020
1 hr/week
No compensation reported
Tom Giere
Vice Chair
Gov Board → Vice Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Craig Wise
Governing Bo
Gov Board → Governing Bo, 2024
On filings since 2021
1 hr/week
No compensation reported
Susan Behm
Governing Bo
Gov Board → Governing Bo, 2024
On filings since 2021
1 hr/week
No compensation reported
Doug Lins
Governing Bo
Gov Board → Governing Bo, 2024
On filings since 2022
1 hr/week
No compensation reported
Colleen Gilardi
Gov Board Distr
Gov Board & Distribution Committee → Gov Board Distr, 2024
On filings since 2023
1 hr/week
No compensation reported
Maurice Sadler
Governing Bo
Gov Board → Governing Bo, 2024
On filings since 2023
1 hr/week
No compensation reported
Former officers (6)
- Former: Dave Fisher (2020–2023) — Gov Board & Trustees Committee
- Former: Ed Purvis (2020–2023) — Gov Board
- Former: William J. Fulker (2020–2023) — Secretary Gov Board
- Former: Dave Dippold (2022) — Gov Board
- Former: Jessica Minesinger (2020–2021) — President Gov Board
- Former: Greg Taylor (2020) — Gov Board & Dist Com
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $150K, to Melissa Kleptz (President &).
Frequently asked questions about The Troy Foundation
How much does The Troy Foundation give each year?
The Troy Foundation gave $9.1M across 141 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $8.0M across 163 grants.
What is The Troy Foundation's typical grant size?
The Troy Foundation's median grant in 2024 was $22,806, and its average grant was $64,866, across 141 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Troy Foundation that year got $122K on average.
Where does The Troy Foundation give grants?
The Troy Foundation gives mostly in Ohio: 90% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Illinois (7%). The most frequent recipient cities were Troy, OH (64 grants), Dayton, OH (17 grants), Tipp City, OH (13 grants) and Piqua, OH (10 grants).
Does The Troy Foundation give general operating support?
Not in 2024: none of the 140 grants with a stated purpose on The Troy Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Education" (38 grants), "Human Services" (14 grants) and "Religious/Spiritual" (12 grants).
Who are The Troy Foundation's largest grantees?
The Troy Foundation's largest 2024 grantees include The Motz Group ($2,438,051), The Ohio State University Foundatio ($600,250) and Troy Historic Preservation Alliance ($492,912), according to its 2024 IRS Form 990. Together they received 39% of its itemized 2024 grant dollars.
How large is The Troy Foundation?
The Troy Foundation reported $159.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $13.5M.
What does The Troy Foundation fund?
The foundation states its mission is “to improve the quality of life for our community by connecting donors to meaningful causes for a better tomorrow.” See mission & focus areas ↑
How do I apply for a grant from The Troy Foundation?
For the Tipp City Foundation Grant, organizations are encouraged to call or write the Distribution Committee Chair to discuss eligibility and the application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Troy Foundation's EIN?
The Troy Foundation's EIN (Employer Identification Number) is 31-6018703. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 31, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Troy Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Troy Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Troy Foundation funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/the-troy-foundation-morg_0f4d0de79f02419ba0955395fa3cf354
BibTeX
@misc{grantable_316018703_2026,
author = {{Grantable}},
title = {{The Troy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-troy-foundation-morg_0f4d0de79f02419ba0955395fa3cf354},
note = {Accessed 2026-10-24. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Troy Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Troy Foundation down — hundreds of funders to go?